Evergreen Launches Another Asia/US Service

Friday, February 24, 2006
Following congestion on the US West Coast towards the end of 2004, the pressure has been on carriers to launch additional services via the Panama Canal. The Evergreen Group has responded to this challenge by introducing new services of its own and complementing these with slot charter arrangements with other carriers.

Together with Cosco Container Lines (Coscon), Evergreen Marine Corporation (EMC) is launching a new service linking China with the southern states of the US. Designated the CUE service, it will link the ports of Shanghai, Yantian and Hong Kong with Evergreen’s Panamanian hub terminal, Colon Container Terminal (CCT), Savannah and Miami. Over CCT, Evergreen offers established feeder links to ports in Central America, the Caribbean and the north and west coasts of South America.

Using nine ships, each of around 2,700 TEU, five from Evergreen and four from Coscon, the CUE service will be operating a regular weekly schedule with effect from May but the first sailings will commence on an ad hoc basis in mid March, augmenting Evergreen’s existing Asia – US East Coast services.

Evergreen Group companies Lloyd Triestino (to be renamed Italia Marittima with effect from 1 March 2006) will also have slot allocations on the CUE service.

According to EMC’s President, Arnold Wang, the new CUE service will enhance the company’s network from the Far East to the US East Coast and Gulf area, providing sufficient slots for customers in the coming peak season:

“We believe that the West Coast may again suffer congestion in 2006 and so, together with Coscon, we are taking action now. This will allow our customers to revise their supply chain arrangements ahead of any possible problems that they may anticipate later in the year.”

The Evergreen Group already offers four direct services between Asia and the US East Coast, namely EMC’s NUE pendulum service that links Asia with North Europe via the Panama Canal and the US East Coast; two end-to-end schedules, EMC’s AUE and LT’s AUX services; and a slot share agreement with the New World Alliance, the NYX service.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

Container Ships

NZ Report: Human Error to Blame for Rena Grounding

New Zealand's Transport Accident Investigation Commission (TAIC) published its final report into the grounding of containership Rena in October 2011. The TAIC’s

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Costa Rica Approves APM Terminals Project

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said on Friday Costa Rica's environment agency had approved the construction of its Moin Container Terminal project.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1835 sec (5 req/sec)